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With Support of Rosneft Far Eastern Shipbuilding and Ship Repair Center and Morinformsystem-Agat Agree Upon Localization of Shipbuilding and Offshore Development Equipment

01 September 2016

At Far Eastern Yard Zvezda in Bolshoy Kamen, the Far Eastern Shipbuilding and Ship Repair Center (FESRC) and Concern Morinformsystem-Agat signed an Agreement of Intent on localization of shipbuilding and offshore development equipment and associated systems.

The document envisages cooperation of the companies in localizing equipment for ships and offshore oil and gas facilities, e.g. radio navigation systems, 2D and 4D seismic monitoring systems for offshore fields, radar systems for ice management as well as robotic systems for underwater technological operations and environmental monitoring.

The implementation of the Agreement terms will facilitate development of the Far Eastern Shipbuilding Cluster Zvezda and secure the best price for ship information technology systems and equipment through localization of their manufacturing in the Russian Federation and, in particular, on the Cluster premises.

Notes for editors:

The Zvezda Shipyard is being established at the premises of the Far Eastern Shipbuilding and Ship Repair Center by the Consortium of Rosneftegaz, Rosneft and Gazprombank. The Pilot Scope of Work for the shipyard will be provided by Rosneft that has an exclusive agreement with FESRC regarding placement of all the orders for manufacturing of new marine equipment and vessels at its facilities, as well as contracts for design, construction and supply of two reinforced ice-class multi-functional support vessels. New vessels of about 100 m long will be able to operate in extremely harsh environments of Rosneft offshore projects in the northern seas.

Rosneft endeavors best efforts to implement the shipyard construction project. With a view to ensure brand new shipbuilding and marine equipment construction technologies, the Company engages types of equipment which have not been previously used at Russian shipyards.

Concern Morinformsystem-Agat is a leader in development of information systems and technologies for the Russian shipbuilding industry with a specialization in system engineering of ship information technology equipment, electromagnetic compatibility of radio-electronic equipment and degaussing, data management and integrated management systems for surface vessels and submarines. The Concern key business areas include design, manufacturing, guarantee maintenance, upgrading, repair, and utilization of integrated multi-functional ship control systems, standardized ship computers, underwater sound systems. Each of the enterprises of the Concern works in its own area of focus, has huge scientific and technical potential, technological and production base. The high level of developments is stemming from the application of advanced technologies and latest achievements in microelectronics, engagement of highly skilled professionals.

 

Rosneft Information Division
Tel: + 7 (499) 517-88-97
September 1, 2016

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.